‘Tis the season of closing deals and there’s a lot to close this year, said Stream Realty Partners’ Chris Jackson, regional managing partner of the Dallas-based firm.

“A lot of deals are being pushed into this calendar year and there’s a motivation to push them into this year,” Jackson said. “Because of the potential change in tax structure, there’s a financial motivation to get them done. It’s made the end of this year crazy.”

The real estate firm has been working through deals, such as One Colinas Crossing, a six-story, 181,961-square-foot office building in Farmers Branch selling to TIB (The Independent Bankers Bank) for its new corporate offices, and the recent acquisition of the office campus called Waterview 190 in Richardson.

It’s only been a few weeks since Stream Realty, in partnership with Goddard Investment Group, purchased the two-building, 230,000-square-foot vacant office campus at southeast of President George Bush Turnpike and Coit Road in Richardson. But the Telecom Corridor office property is already getting traction, Jackson said.

“It will probably be leased by this time next year,” he said.

WHAT DO YOU SEE HAPPENING IN 2013? There will still be a lot of demand in office and industrial properties throughout the Metroplex and perhaps it will increase in 2013. Texas, in general, is very much in favor amongst the various institutions and funds, so that will continue into 2013, but it has to be well-located core product. We anticipate that the demand for office and industrial property will continue to grow into 2013. We’ve had this unprecedented time where there’s been no office or industrial property delivered and, for that reason, the market has had some time to recover.

WHAT’S THE NEXT BIG PROJECT FOR STREAM? We are looking at both developments and acquisitions. We are obviously looking at continuing the expansion of our service business. We’re pretty active across all product types and all activities.

WHERE ARE YOU LOOKING FOR PROJECTS? We are looking at an interesting office property in far North Dallas. We are looking at (speculative) industrial projects in and around the airport and around the Great Southwest submarket. We’re strategically looking at both office and industrial value-add products that we can find below the radar in terms of structuring deals in partnership with our clients. We’ve always done that, so 2013 would be no different.

DO YOU HAVE LAND SITES IN THOSE SUBMARKETS FOR SPECULATIVE DEVELOPMENT? No. We have some we are looking at with clients, but we don’t have land positions. We are looking for that.

IS THERE A LOT OF LAND AVAILABLE IN THESE SUBMARKETS? No, and that’s the interesting thing. The perception for Dallas-Fort Worth has been that land is an ongoing available resource and the reality is that in the best submarkets in the best locations, good sites are hard to find. And tenants have been pretty discriminating in terms of location and where they want to be. They want to be close to amenities, and this next cycle will really consume the balance of what is an increasingly difficult-to-find resource. There’s not much of it available.

IF THESE PRIME LAND SITES ARE ‘CONSUMED’ BY DEVELOPERS, WHERE DO YOU GO? What will happen is that you’ll see some development on the industrial side continue to push further south for bulk industrial users. But more so than anything, you’ll finally see vacancy rates over the next 10 years for office product push into the single digits and low teens. If these sites are harder to find, we’ll see occupancy rates and rents continue to push up. I’m not saying that will happen in 2013 or 2014, but it’s something that could happen in the next decade.

WHAT’S DRIVING THIS PROJECTED GROWTH? I think the interesting thing for the Metroplex is that we become an increasingly global economy, with job growth and job creation. So many of the law firms and accounting firms have expanded globally. They are hiring new positions for growth occurring in other markets like Asia, but they are putting these jobs in Texas. So we are not only dependent on the local and national economies, but the global economy. The users that we are talking to say their businesses are good and they are hiring people and making decisions on growing their business and not just on battening down the hatches and waiting for the next storm.